Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest announcement is out from MDJM ( (UOKA) ).
At an extraordinary general meeting held on January 22, 2026, MDJM Ltd shareholders approved a conditional consolidation of the company’s 10 billion authorized ordinary shares, each with a par value of US$0.025, into a smaller number of shares at a ratio to be set by the board between 2-for-1 and 50-for-1 if the company’s Nasdaq closing bid price falls below US$1.00. The resolution, which received overwhelming support with over 97% of exercisable votes represented and more than 20.45 million votes cast in favor, gives the board flexibility to execute a reverse share split to help the company address potential minimum bid price compliance issues on Nasdaq and manage its capital structure to support continued listing and market positioning.
More about MDJM
MDJM Ltd, listed on the Nasdaq under the ticker symbol UOKA, is a foreign private issuer headquartered in the United Kingdom and operates as a publicly traded company subject to U.S. securities regulation. The company’s corporate governance and capital structure are overseen by a board of directors acting under its amended and restated memorandum and articles of association.
Average Trading Volume: 66,595
Technical Sentiment Signal: Sell
Current Market Cap: $2.27M
Learn more about UOKA stock on TipRanks’ Stock Analysis page.